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## Agenda

- Whitepaper and Tokenomics Updates
- Scrum based workflows with Jira
- First donation cycle review

## Notes

Starting work on whitepaper - primary target. Second target is tokenomics. We'll be working from the flow chart Cem has prepared and turning it into a tokenomics design.

### Github Project Management

We will use github platform for organising tasks: https://littlefishes.atlassian.net

Jacob Piotrowski will be assisting with organizing. He is a Scrum Master and Jira Admin. 

Cem will create a Project on github for the Whitepaper.

### First Donation Winner: Ozgur Akyar  

özgür won the donation voting and started with the project already.
Most of the budget will be spend on Fences and 

Updates from Özgür will be available through LinkedIn.  

Yoram: Impact ledger is important to assess Ozgur's success.

Ozgur has market conditions on his mind as he decides when to sell the donated ADA.

### Review of the First Cycle

#### Conversion to Fiat in Market Turmoil

Should we provide rules/guidelines on when donations should be converted to fiat? Especially in cases of market turmoil.

Dan: We may also include in the proposal when they will be able to start spending the ADA. This will give some information about the volatility risk for the ADA we contribute. Some people may prefer to support projects that are ready to execute in the short term. 

Sebastian: we could integrate adapay: https://adapay.finance/

#### 



### Tokenomics

Cem: Multi chain might be good to consider based on Ethereum's success. 

Sebastian: Multi chain will add a lot of complexity especially if we want to use things like Arbitrum and Optimistic Rollups. 

Robert is a researcher working on Bonding Curves. Yoram will schedule a meeting for next week.

We will meet beforehand to brainstorm some ideas to not go empty handed. 

#### Resources:
Economics and Math of Token Engineering and DeFi : Fundamentals of Token Economics

https://epub.wu.ac.at/7309/8/Foundations%20of%20Cryptoeconomic%20Systems.pdf

Token Engineering Commons Discord: https://discord.com/4X7TwYCm

### Marketing and Growth

Mert: We should target the entire blockchain community to grow, not just the Cardano community. We can also advertise/launch on a lauchpad to get more community support at launch. eg. https://twitter.com/megapadnet

Jacob: We need people to work on producing content. We should find at least one dedicated copywriter.



